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How to profit from the events leading up to the likely collapse of the US dollar Society is at a crossroads Here at home and around the world we are living in a manner that is absolutely unconditionally irrevocably unsustainable The Day After the Dollar Crashes A Survival Guide for the Rise of the New World Order outlines the kinds of events that could trigger a global economic collapse describing in detail the events that are likely to occur just prior to during and immediately following such a total collapse It also explains how investors can profit and support a sustainable future by anticipating social trends The book Describes what government can do now to soften the dollars fall later Details how to lead the charge to introduce innovations and solutions to meet the inevitable challenges of new kinds of economic forces Reveals how to profit by changing expectations and taking action to align investments with reality The Day After the Dollar Crashes tears away the illusions generated by politicians media and the financial industry to show how investors can position themselves to survive and thrive in a New World Order From the Author A Fictional Timeline of Events for the Crash of the US Dollar Author Damon Vickers am EST Wednesday The US government is having its regular auction of US Treasury notes Here we go again begging to the world with our tin cup Only this time the world says xCNo We arenxt going to buy any more US IOUsxD pm EST Sunday When the Asian markets open we see a meltdown The Asian markets are down percent then percent then percent in an all out free-fall It touches off an avalanche of selling and markets around the world go into independent free-falls pm EST Sunday Global currencies start to slip and are also in free fall Gold prices rise by to dollars an ounce Silver and palladium are also up as global investors convert to put everything they have into precious metals am EST Monday The New York Stock Exchange NYSE opens and within minutes circuit breakers around the world pop under a deluge of market orders am EST Monday The NYSE is advised of the liquidity problems and the market shuts down Markets around the world react with volatility in a strong down trend Everyone starts selling bonds to raise capital but there are few buyers Prices plunge yields rise am EST Monday Markets around the world react to the close of the NYSE with volatility in a strong down trend am EST Monday Several countries in Europe announce they have raised interest rates by or percent to make their own bonds attractive to buyers In response other global markets become very nervous and even less stable am EST Tuesday The NYSE is unable to open due to the quantity of sell orders jamming the systems am EST Tuesday The Federal Reserve calls an emergency meeting The United States needs liquidity and must compete for it am EST Tuesday The Federal Reserve announces a hike in interest rates am EST Tuesday Global markets donxt like the hike in US interest rates but respond by seeking some type of footing for the short term am EST Tuesday The NYSE finally manages to open two hours after the opening bell Global markets have gapped down to percent from Fridayxs close pm EST Tuesday Traders believe the worst is behind them Tuesday afternoon through Friday morning The dollar rallies Markets find new levels Traders around the world are walking on eggshells and having a hard time sleeping Global currencies are still in free fall Gold prices continue to rise along with other precious metals as more buyers come in pm EST Friday In spite of the hike in interest rates the US dollar continues to fall as global confidence continues to erode am EST Saturday The Fed reconvenes pm EST Sunday The Fed announces a second interest rate hike in as many weeks At Asian open China gets first crack at the higher yield bonds pm EST Sunday Currency markets instantly respond as bank interest rates in Western Europe are hiked simultaneously with the US but there are no buyers am EST Monday At the NYSE bell all hell is unleashed Traders around the world become net sellers of equities bonds and western currencies Everyone wants out at the same time The world markets are thrown into chaos Panic and confusion sweep the globe and all markets are in free fall am EST Monday Everything is jammed as the volume of selling off all distributed equities in all the global markets becomes overwhelming The markets around the world seize up Trading ceases am EST Monday On the NYSE floor someone turns up the volume on CNN and people slowly gather around the screen to watch videos of bodies falling out of exchange headquarters in Tokyo Singapore Hong Kong London Frankfurt Paris and Bucharest Someone turns the sound off but the videos keep playing am EST Monday On the NYSE floor traders start to pick up their tickets Every hand is shaking Throughout the day shocked traders wander out of the building Some find their way home Others are never heard from again Others begin to obsess about how to recoup their losses if and when the market reopens am EST Tuesday The IMF convenes with G leaders to discuss a solution to the paralyzed markets They realize the only way to unfreeze the markets is to do a total restructure of all westernized debt in one fell swoop This will require a complete realignment of currencies as it will likely include massive work-outs by debtor nations The work outs will mandate that all countries submit to terms set out by a new global authority that is quickly being formed am EST Tuesday A spokeswoman for the IMFG coalition holds a news conference before the New York Exchange opens The conference is simulcast around the world in multiple languages She assures viewers that everything is under control and that the IMFG coalition will be overseeing an economic reset that will transpire in an orderly mann
About the Author
Damon Vickershttp://www.damonvickers.com(Seattle, Wa) is the chief investment officer of Damon Vickers and Company. He has a 25‐year track record of articulating investment themes with striking clarity, and then holding his ground as the daily barrage of market noise forces others to falter. He is known for betting against the markets in 2000-2003 and in 2008.In 2008 a private fund initially capitalized by Mr Vickers had a return of 63%, profiting from the financial meltdown by shorting GM, Lehman, and AIG, to name a few. Mr Vickers' investment style can best be described as "adaptive trend following". Mr Vickers was onced asked how he felt about the market and why he was a such a contrarian he responded "contrarian!, I have never thought I was contrarian!!!! - "I want what the market wants".Vickers has been a guest on CNBC, Bloomberg, Fox Business, CNBC Asia, BNN Canada, Japan Public Television, The Glenn Beck Show, BNN, and CBC. Mr. Vickers has also been featured in The Wall Street Journal, CNNmoney, and The Washington Post.
